January 11th, 2021
The cost of long-term care is not a topic that people like to dwell on until they, or a relative, have to confront the reality of choosing and arranging care and making difficult financial decisions.
Whether it’s care at home or a move into a residential or nursing home, it is recommended that you start thinking about this at an early stage, without the pressure of having to take immediate action. This will give you more time to research and consider:
• the type of care that you would prefer;
• the best option for paying the care fees;
• how you can provide for your family members; and
• arranging Power of Attorney for someone to act on your behalf if necessary.
You can also discuss and share your wishes with your family. This will help to reduce pressure on them, should they need to take future decisions on your behalf.
Get specialist independent financial advice from Carewise
The Carewise care funding scheme offers impartial information and advice to guide you through all these decisions. The panel of care fees specialists are independent financial advisers with specialist knowledge of later life finances. As well as care funding, they are also qualified to provide advice on inheritance tax, pensions, and lasting power of attorney.
Your first consultation is free so there really is nothing to lose to explore how you can benefit from Carewise.
To find out more, visit carewiseadvice.com, call 01243 642121 or email socialcare@westsussex.gov.uk
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Long-term care funding – here’s why you should plan ahead
Long-term care funding – here’s why you should plan aheadThe cost of long-term care is not a topic that people like to dwell on until they, or a relative, have to confront the reality of choosing and arranging care and making difficult financial decisions.
Whether it’s care at home or a move into a residential or nursing home, it is recommended that you start thinking about this at an early stage, without the pressure of having to take immediate action. This will give you more time to research and consider:
• the type of care that you would prefer;
• the best option for paying the care fees;
• how you can provide for your family members; and
• arranging Power of Attorney for someone to act on your behalf if necessary.
You can also discuss and share your wishes with your family. This will help to reduce pressure on them, should they need to take future decisions on your behalf.
Get specialist independent financial advice from Carewise
The Carewise care funding scheme offers impartial information and advice to guide you through all these decisions. The panel of care fees specialists are independent financial advisers with specialist knowledge of later life finances. As well as care funding, they are also qualified to provide advice on inheritance tax, pensions, and lasting power of attorney.
Your first consultation is free so there really is nothing to lose to explore how you can benefit from Carewise.
To find out more, visit carewiseadvice.com, call 01243 642121 or email socialcare@westsussex.gov.uk
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